Yes, tech stocks have outperformed significantly, but the broader stock market has also done well despite the banking crisis. The market thinks this crisis is contained within the financial sector. It could be because a high-interest rate problem can be resolved, unlike a bad credit problem.
$Financial Select Sector SPDR Fund(XLF)$ $Real Estate Select Sector SPDR Fund(XLRE)$ $Technology Select Sector SPDR Fund(XLK)$
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